Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price was down 16% during mid-day trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 287,005 shares changed hands during mid-day trading, an increase of 501% from the average daily volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Trading Down 16.0 %
The company has a market cap of C$6.56 million, a price-to-earnings ratio of -5.25 and a beta of 2.71. The business has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 0.74, a current ratio of 0.09 and a debt-to-equity ratio of 6.84.
About Focus Graphite
Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.
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